50,000 ThankYou points will post within 90 days from the end of the statement period in which you complete all offer requirements, which means it can be 5 months from the day your account is opened.

Unlike the 50,000 AA Miles offer, Citi specifically mentions that you could get 1099-MISC if your annual earnings from banking products is over $600. This also includes the monthly ThankYou points you can earn for having a Citigold account.

You may end up paying account maintenance fee of $30/month for 3 months ($90 total) before you get the 50,000 ThankYou points. ($500 in gift cards)

ThankYou points earned from banking products are considered as taxable and cannot be transfer to Citi Transfer partners.

It would be better to open the account in a branch, as the banker will usually help you with any delay in getting points.

I would recommend opening the account during the second half of the month. You can complete the bill pay requirements in Oct 2015 and Nov 2015 and $1,000 debit card purchases by second week of Nov 2015. This means you have completed the requirements within a month of opening the account.

As soon as you complete the requirements, contact the banker who helped you open the account and notify that you finished the requirements.

Citi also offers ThankYou points for Citigold accounts, you could earn up to 1600 points per month. Make sure to set up Auto Save and set up a direct deposit if possible.

As soon as you get the miles in your account, Call Citi and request a downgrade of your account to Basic Banking (fees can be avoided with a direct deposit)

Another advantage of the going for the Citigold relationship – you can get a lower annual fee of $350 for Citi Prestige card.

To qualify for this promotion, you need to open your account before Dec 31,2015 and must hold one of the ThankYou Credit Card holder.

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